Canada is rapidly shifting its relationship with Ghana from traditional foreign aid toward high-stakes commercial partnerships, driving a massive surge in bilateral trade and positioning North American capital at the center of West Africa’s green transition and resource boom. Bilateral trade between the two nations skyrocketed to $752 million in …
Read More »Departing Swiss Envoy’s Parting Assessment of Ghana
Switzerland used the occasion of its 735th National Day to deliver both a tribute and a warning to its host country, as outgoing Ambassador Simone Giger closed a four year tour marked by praise for Ghana’s people and pointed concern over its environmental governance. The reception in Accra doubled as …
Read More »Hamak Strategy Intersects High-Grade Gold in Ghana, Signals Deeper System
Hamak Strategy Ltd. announced further high-grade reverse circulation drilling results from its Akoko gold project in southwest Ghana, revealing a shallow, high-grade sulphide intercept that indicates the potential for a larger, deeper primary gold system. The London-listed junior explorer reported that assay results from six holes totaling 234 meters at …
Read More »Resolute to sale Ravenswood Gold Mine
West Africa-focused gold miner, Resolute Mining has received full repayment of the vendor financing promissory note relating to the sale of the Ravenswood Gold Mine. Communique from the company indicates, payment, comprising the outstanding principal and accrued interest, is expected to be received by 30 June 2026. The vendor financing …
Read More »West African mines must plan for cyclical reality
West Africa’s mining boom has seen many projects being developed in environmentally or socially sensitive areas, highlighting the importance of responsible mining with closure in mind, according to SRK Consulting. “There has been an influx of investment into gold mining in West Africa,” said Ivan Doku, SRK Consulting country manager …
Read More »Gold Fields Navigates Ghana Lease Talks Amid Backlash Over South Africa Protests
Gold Fields Ltd. is pressing forward with negotiations to secure the future of its flagship Tarkwa operation in Ghana, navigating a surge of domestic political pressure calling for a freeze on South African investment following anti-immigrant protests in Johannesburg. The bullion producer is hammering out renewal terms for five mining …
Read More »Ghana Bumps Gold Take from Big Miners to 30% to Buoy Reserves
Ghana, Africa’s largest gold producer, secured an agreement with large-scale mining companies to buy 30% of their output starting July 1, escalating a state-led bullion-buying program designed to fortify its currency and shield the economy from external economic shocks. The deal, struck between the government and miners via the Ghana …
Read More »Ghana Tests Resource Governance in $500 Million Gold Mine Handover
Ghana’s boldest push yet to reclaim control of its mineral wealth is turning into a high-stakes litmus test for resource governance in Africa’s largest gold producer. Following the handover of the Damang Gold Mine to local contractor Engineers & Planners (E&P) after South African giant Gold Fields Ltd. was pushed …
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